Some crypto traders claim that every day is payday, whether the market is bullish or not. The question is if The Graph falls into the coins that pay to own. Based on price forecasts, an uptrend in GRT’s price looks inevitable. In the past, the GRT coin has shown beyond doubt to be a profitable investment. However, there have been recent concerns about GRT going up or down. This The Graph price prediction will give you valuable tips about its future.
Investors empty their bank accounts daily to distribute their liquid worth into cryptocurrencies. Salary earners and entrepreneurs alike have been pouring out some of their earnings and paying the patient price of an incoming explosive cryptocurrency market. Interestingly, GRT trades have been a part of this, leading to excessive adoption. We also discovered that institutions, including NGC Ventures and Multicoin Capital, have not withheld contributing their quota in seven-dollar figures. With GRT experiencing notable gain, will it mean another unstoppable accelerated growth in the coming days? Follow this The Graph price prediction to the end.
The Graph’s Latest News That Can Affect Its Price
- The Graph’s Latest News That Can Affect Its Price
- Graph Technical Analysis [2022-2025]
- The Graph Price Prediction 2022
- The Graph Price Prediction 2023
- The Graph Price Prediction 2024
- The Graph Price Prediction 2025
- GRT Coin Price: Rise and Fall
- Expert GRT Price Forecast: InvestAnswers
- What Is The Graph?
- The Graph Cryptocurrency (GRT)
- Where to Buy the Graph Token
- Frequently Asked Questions
- Is The Graph Network Secure?
- What Makes The Graph Protocol Unique?
- Will The Graph’s Future Price Rise?
- What Is The Graph Price Today?
- How Many GRT Tokens Are in Circulation?
- Can GRT Be a Good Investment?
After receiving a heart-stirring $60 million to further develop its ecosystem in 2021, The Graph is back with another fund for the same reason. This time, it’s considerably better — over a 300% increase from the fund it received in 2021.
Since it implemented indexing for different networks, including Ethereum, Near Protocol, and Polygon, The Graph has gotten more backing from investors. In February 2022, the project received another $205 million to help achieve its goal of supporting more networks. With some of its objectives centred around Web 3.0, NFTs, and DAOs, we believe this recent funding will go a long way in driving the GRT price to a better position in the near future.
Its recent price movement has shown a 10%-20% increase. So, will this prediction become a reality? Let’s look at the projections of the technical analysis forecast system.
Graph Technical Analysis [2022-2025]
Technical analysis can play a vital role in predicting the future values of cryptocurrencies. So, we will not skip the part as we look at the projections for the GRT price prediction from 2022 to 2025.
The Graph Price Prediction 2022
The 2022 prediction by Wallet Investor reveals that GRT might be prime for a good run up the crypto market. According to the price predictions, the expected minimum price value could be as low as $0.31. However, there is some good news. Technical analysis shows that The Graph cryptocurrency could hit a maximum value of 0.93.
The Graph Price Prediction 2023
Based on the forecast by Price Prediction, the maximum price of GRT could be $1 in 2023. The projected average price is also something close to $0.87, with a minimum price of 0.84.
The Graph Price Prediction 2024
It is expected that GRT will maintain its price above $1 in 2024. According to price predictions, the average price could be close to $1.25. In the same year, the lowest price might not go below $1.12, while the expected maximum price could hit $1.41.
The Graph Price Prediction 2025
By 2025, The Graph coin could cross $2 at the maximum price. However, Price Prediction analysts expect the minimum price to be around $1.81, with an expected average price of $.186.
Note: These Graph price predictions should not be considered unchangeable future events. Remember that the crypto market is highly volatile, and your investments can fall below projected prices. We suggest that you do your analysis of the future Graph value.
That said, what has been The Graph ROI over the past few years? Has the GRT coin price made excellent progress since launch? This Graph price prediction will let you know how the coin has performed.
GRT Coin Price: Rise and Fall
The GRT token has had an incredible journey, full of ups and sometimes a big fall. Let’s start with its price movement from late 2020. As of December 2020, The Graph (GRT) price traded at an average price of $0.37. While the token holders hoped for a better start to 2021, GRT let down their expectations as it dunked to $0.32.
However, it did not take long before holders started to reap the reward for their patience. By the last day of January 2021, GRT’s price had jumped to $0.79 before it went to the top without any stop. In mid-February, the price of GRT was trading above $2.11. However, the price took a slight dip to $2.03 in March. In the same month, the coin took another drench to $1.35 before going back to $1.99 in April.
By May 2021, GRT was at $0.75 — a price it had not fallen to for over four months. For the rest of 2021, the coin price didn’t hold much water as it found it hard to make another consistent bullish trend. During this period, it managed to stay between $0.50 and $1.11.
The start of 2022 wasn’t the best for GRT either. After a $0.66 year-beginning price, the coin has gone further down, with its current price at $0.33. This present state then begs the question whether The Graph’s position in the crypto market is still worth fighting for. As we have seen, technical analysis remains resolute on an excellent future, but what do experts think? Let’s find out.
Expert GRT Price Forecast: InvestAnswers
According to the crypto YouTube channel, The Graph has the potential to disrupt the cryptocurrency industry for good. By integrating other crypto coins like Aave, Uniswap, and Compound in its subgraph, the channel believes that The Graph is destined for an efficient, relevant stay in the crypto market.
According to the experts’ prediction, GRT could reach $2.46 by 2022. However, the coin can potentially beat $3 in 2024 while getting close to $4 by December 2025. They also took it further as they predicted that GRT could hit $9.81 in 2030.
What Is The Graph?
The goal of The Graph protocol is straightforward — to make data accessible within the blockchain ecosystem.
To bolster this impact, The Graph has been the leading cryptocurrency project in driving applications with Decentralised Finance (Defi) and Web3. With its own GraphQL, indexing and querying have become more within reach of projects in the blockchain space. In addition, this feature allows developers to build on its network.
Founded by the powerful tech trio of Yaniv Tal, Brandon Ramirez, and Jannis Pohlmann, The Graph has built a solid team, including experienced professionals from several crypto projects. The Graph’s team consists of experts from Barclays, Ethereum Foundation, Salesforce, and Decentraland.
It would interest you to know that The Graph raised over $25 million from a public GRT sale in 2020. Investors at that included respected blockchain companies and venture companies. Some of which include Coinbase Ventures, SPC, Tally Capital, and ParaFi Capital. Since then, The Graph has improved its ecosystem and built a well-grounded community around the GRT token.
The Graph Cryptocurrency (GRT)
GRT is an Ethereum-based token that works on the ERC-20 chain. The Graph cryptocurrency works all round the clock to provide indexing and querying services to the network. Similarly, the token is also responsible for administering resources to the network while it serves as a channel for indexers and delegators to earn income.
Where to Buy the Graph Token
You can buy the Graph cryptocurrency on a world-leading crypto brokerage platform like eToro. Although you can also get the coin on crypto exchanges, the eToro platform offers the most suitable way. Many people have confirmed that the platform is incredibly ideal for beginners. Similarly, it also offers exceptional features for experienced traders. So, if you plan on getting some GRT tokens, visit the official eToro website or download the app.
Frequently Asked Questions
With the past performance and current price of GRT, there are many questions left unanswered. Maybe that’s in the past, as you will find clear answers to your curiosity about the coin here. Continue reading.
Is The Graph Network Secure?
Without question, Graph’s network is ultimately secure. Since it uses an open-data layer backed by blockchain technology, its users are protected against unwanted glitches and breaches. Also, The Graph network allows indexers to access data from the blockchain safely and in the most organised manner. Hence, security violations are not an issue for The Graph.
What Makes The Graph Protocol Unique?
Uniqueness is usually a distinct one for many cryptocurrencies. For The Graph, its own is out-of-the-ordinary. The project works tirelessly to provide genuine decentralised public infrastructure to the cryptocurrency market. This outstanding feature allows indexing and curating to take place within the network. Similarly, it also enables delegates and users to earn rewards from the network, depending on their contributions.
Will The Graph’s Future Price Rise?
GRT’s price in the near future has excellent potential to increase. However, this depends on several factors like on-chain and off-chain effects, price action, etc. Although crypto experts and technical analysis coin price forecasts show a bullish GRT price prediction, still there are no guarantees. Carry out due diligence by doing your own research.
What Is The Graph Price Today?
Graph’s current price is $0.33. It would also interest you to know that it has a market cap of $1.6 billion at this current value.
How Many GRT Tokens Are in Circulation?
As of this writing, The Graph has over 4.72 billion tokens in circulating supply. This current level is out of its total supply of 10 billion.
Can GRT Be a Good Investment?
Looking back at Graph’s price movements in 2021, you can predict such a price run can happen again. However, there is no certainty if the Graph’s future prices will increase. If you need to add GRT to your current investment, you have the free will to do so. However, while this The Graph price prediction might give you some insights, we suggest you dig deeper into more fact-finding and analysis.